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Fox consolidating television studio, network

The Associated Press

Posted:
07/14/2014 10:51:12 AM MDT

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FILE - This Oct. 28, 2013 file photo shows Twentieth Century Fox Television chairmen and CEOs Dana Walden, left, and Gary Newman at the 23rd Annual Broadcasting &amp; Cable Hall of Fame Awards in New York. Fox says that Gary Newman and Dana Walden, the two executives who run the company?s television studio, will also be in charge of the Fox broadcast network. The appointment announced Monday, July 14, 2014, aligning 20th Century Fox Television with the network brings back a structure Fox had for five years ending a decade ago. (Photo by Evan Agostini/Invision/AP, File)

NEW YORK (AP) — Fox says Gary Newman and Dana Walden, the two executives who run the company's television studio, will also be in charge of the Fox broadcast network.

The appointment announced Monday aligning 20th Century Fox Television with the network brings back a structure that Fox had for five years, ending a decade ago. There are usually financial benefits to having a studio make programming for a network under the same ownership.

At the same time, Newman and Walden said the studio will continue making programs for other networks, and the network will remain in business with other studios. The two executives worked at the studio for 15 years.

Walden said there were no plans to hire an entertainment president for the network. Kevin Reilly's recent exit from Fox triggered the changes.